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Business law 1
| Question | Answer |
|---|---|
| What is higher standards of conduct than positive law? | Natural Law |
| What is we should do the good for the most amount of people? | Utilitarian theory |
| What are principles expressed for the first time in court decisions ? | Case Law |
| What is the law that defines rights and liabilities | Substantive law |
| What is the law that must be followed in enforcing rights and liabilities | Procedural law |
| Whats is the order or pattern of rules that society establishes to govern the conduct of individuals, and the relationships among them? | Law |
| What is a body of law that provides justice when the law does not offer an adequate remedy or application of the law would be terribly unfair | Equity |